MODERATE START TO THE YEAR DUE TO EXTERNAL FACTORS
Market activity on the commercial investment market in the first quarter was decisively influenced by the challenging financial environment and the overall economic situation, both nationwide and in the individual top markets. Against this background, it is not surprising that the transaction volume on the Stuttgart investment market in the first three months was relatively low in comparison to the previous year as well as in a long-term comparison. A total of just under €205 million was invested in the capital of Baden-Württemberg, which still secures Stuttgart a mid-table position in a comparison of A-cities and underlines the location independence of the difficult investment market environment. In 2021, a comparably moderate result (€248 million) was achieved in the first quarter during the Corona crisis, but a good overall result was reported at the end of the year. This shows that the situation can change in the course of the year - although the general conditions must enable this. The continuing price-finding phase is reflected not only in the investment volume but also in the low number of deals. Here, too, the Stuttgart market is no exception.